jennifer griffin is at the pentagon tonight. how bad do officials say this will be for the military. >> in if you listen to the military, really bad. >> instead of a first rate power in the world second rated power that would be the result of sequester. >> you won't hear this chairman arguing we need to do more with less. if that happens we need to do less with less. >> the real problem is as the u.s. and allies. adversaries are doing opposite. russia will surpass defense spending in just two years. china is slated to overtake the u.s. in 2035, shepard. >> shepard: jennifer, analysts are saying that the u.s. defense budget is still larger than the next 13 countries combined. how in the world could this make us a second rate power? if is six times larger than china's official defense spending. >> you have seen double digit a increases in chinese defense spending for more than 15 years now. that should not only give pause to the united states but it really should be a source of concern for the countries in the region as well other